60422 Home Values & Market Trends

There are 11 homes currently listed for 60422. 60422 real estate market trends show that home prices range from $145,000 to $505,000, and the median sales price in the 60422 zip code is $315,232.97. The total number of properties sold within the past twelve months is 139. In 60422, 52 properties are in foreclosure, 7 are bank owned properties,and 4 are headed for auction.

60422 Real Estate Market Overview

CityMedian Est. Value
Flossmoor

$ 345,654

$ 129/sqft

Housing Market Summary for 60422

Apr 2023March 2024Change
Median Listing Price$280K$285K1.78%
Median Sold Price$315K$285K-9.53%
Homes For Sale101220.00%
Homes Sold11877-34.75%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 60422

The median list price of a home in Flossmoor, is $315,232.97. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 60422 properties is 3,759.

Foreclosure
There is 1 cities within 60422; within this cities, the median estimated home value for homes in foreclosure ranges from $598,082 in flossmoor to the lowest value of $50,951 in flossmoor. Foreclosure homes account for 1.00% of properties in 60422 with flossmoor containing 51 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.09% of all residential properties in 60422 with flossmoor containing 40 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60422; of that cities, the estimated home value for pre-foreclosure homes ranges from $557,222 in flossmoor to the lowest home value of $50,951 in flossmoor.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60422 ranges from the highest value of $524,900 in flossmoor to the lowest value of $198,499 in flossmoor. Bank owned homes and properties account for 0.19% of properties in 60422. There is 1 cities within 60422; flossmoor containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    flossmoor has 4 auction properties, the highest number of properties going to auction in a single city in the state of 60422. Auction homes and other auction properties account for 0.11% of all properties in 60422. There is 1 cities within 60422; of that cities, the median estimated home value for homes going to auction ranges from $598,082 in flossmoor to the lowest value of $240,000 in flossmoor.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in 60422 with flossmoor containing 11 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60422; homes for sale in that cities, have a range of median values from $435,433 in flossmoor to the lowest value of $188,873 in flossmoor.
    Sold Homes
    The median value for recently sold homes ranges from $632,746 in flossmoor to the lowest price of $119,212 in flossmoor. There is 1 cities within 60422. flossmoor has 89 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.37% of properties in 60422.

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      Guide for 60422

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.